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Essequibo Dispute: Unresolved and Unsettled
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Overview
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Venezuelan and Guyanese presidents engage in talks to ease tensions over an oil-rich region, without reaching a resolution. The dispute revolves around the Essequibo region, with Guyana seeking international court resolution while Venezuela takes the case to the UN Security Council. The intensification of tensions has been linked to ExxonMobil's oil discovery in the region.
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How does the involvement of international organizations like the International Court of Justice and the UN Security Council complicate the resolution process?
How might the territorial dispute impact the oil industry in the region?
What diplomatic strategies could be employed to resolve the ongoing tensions between Venezuela and Guyana?
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